AMR will decide on merger within weeks, CEO says

01/4/2013 | Bloomberg Businessweek · Wall Street Journal, The

AMR Corp., the parent company of American Airlines, said it will decide soon on a possible merger with US Airways. "While I cannot give you a precise date, I can tell you that we expect to bring this to conclusion within a matter of weeks," wrote AMR CEO Tom Horton in a memo to employees. A merger between American and US Airways would create the world's largest airline in terms of passenger traffic.

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Bloomberg Businessweek · Wall Street Journal, The

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